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This question belongs to Commerce Insurance

Insurance

?

Life Insurance Corporation was found on:

A) 1 April, 1955 B) 6 December, 1960 C) 4 September, 1956 D) 1 September, 1956

Answer & Solution

Correct Answer: Option D

Life Insurance Corporation was found on 1 September, 1956. Life Insurance Corporation of India commenced its functioning as a corporate body from September 1, 1956. Its working is governed by the LIC Act.

Question posted by Examveda

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